Lehto and Special Investment Fund eQ Community Properties Fund to continue cooperation in Turku: More care services are wanted in city centres

Lehto Group Plc
Press release
25 May 2021 at 8:30

This image is for illustrative purposes only and may not be a fully accurate representation of the final implementation.

Lehto and Special Investment Fund eQ Community Properties Fund have signed an agreement for Kiinteistöosakeyhtiö Fredric’s entire holding in Turun Herttuankulma. The site is part of a care block with a total floor area of about ten thousand square metres.

Several buildings are planned for the Turun Herttuankulma site, including the Satunummi daycare centre, an Esperi care centre, and 41 rental apartments primarily targeted at seniors. The project will cover a total area of about 5,400 square metres.

“In large cities, care services are increasingly wanted closer to downtown areas and in close proximity to regular housing. This enables multiple generations to live together in an urban setting,” says Lehto’s Miika Liukko.

“Urbanisation is also occurring among the older population, and the site being developed by Lehto has just the right combination of operators. Combining services for children and older people under one roof provides more dimensions to both sets of activities. Cooperation with Lehto is going well and will provide a good foundation for further development,” says Jennifer Eloheimo, Investment Director, eQ Community Properties Fund.

Lehto’s construction process will utilise prefabricated modules manufactured at its factories in Finland, such as bathroom-kitchen modules. Using prefabricated modules in construction shortens the on-site construction phase and generates cost savings. Combining factory production with in-situ construction also makes projects more eco-friendly, as factories can utilise materials more efficiently than traditional construction methods.

Further information:
Miika Liukko, Project Development Manager, Lehto Group, Housing service area, tel. +358 (0)50 328 5493


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